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where can i go to get pre approved for a small business loan?

I would like to purchase a business, however I need to know how much I would be abe to afford.

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Answers (3)
Susan Manogue
Susan Juanette Tanko P.L.L.C, WCI Broker
AZ

Scott,

Simply call Aaron Holas at Wells Fargo bank in AZ (480) 510-0894. They are the #1 SBA lender in the Country! Aaron can walk you through the process, tell you what size you would qualify for, etc. You can get basic info right over the phone. Tell him I sent you. Then come see me to buy!
Thank you.

Susan Tanko-Manogue
All West Brokerage 602-795-2005 ext 105

Feb 7, 2011
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Blackstone
Business owner/Entrepreneur
Dallas County, TX

Hi Scott, I would need more info about the business..if the business has sales and process credit cards and can provide merchant statements or financial, I can get you a business loan..If you can put some money down or if you do not want to put down than have owner carry the rest..if the business qualifies there is no credit check at all..but business must have sales..I can be reached at; atif.rf@gmail.com

Jul 14, 2010
Terri Bollman-Wyzkoski
MainStreet Bank
Sr. Commercial Lender
Fairfax County, VA

It's difficult to answer that question without more specifics. The most vital information you require includes the following:

1. Banks require a minimum of 20% of the purchase price (or 30% for a restaurant purchase) as down payment/owner injection;
2. Identify collateral to secure the requested loan (SBA doesn't necessary preclude a loan approval if there is a shortfall of collater);
3. Must possess some experience in the business being acquired OR employ management that has experience;
4. Good credit score - no less than a 650 FICO score.

Business Lending Solutions LLC ("BLS") identifies and coaches you on the financing option most appropriate for your business situation. Our lender network provides financing for all types of and size loan requests. BLS will educate you on all possible financing options & expected costs, inform you of the probable terms and pricing, introduce you to the most appropriate lender, and finally, we will introduce a professionally-prepared loan request that will give you the highest likelihood of obtaining bank approval.

Fortunately for our clients, we do not require payment for our services unless and until we present you with signed lender commitment. Please give us a call is you think we could provide value to your particular situation.

Terri B. Wyzkoski
Managing Member
Business Lending Solutions LLC
11654 Plaza America Drive #363
Reston, VA 20191
Twyzkoski@BusinessLendingSolutionsLLC.com
Direct: (703) 655-9939

Jul 14, 2010

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